Telangana DISCOM Floats Tenders for 3 MW Solar Power Projects

Daily News Wrap-Up: India Adds 16 GW Solar Capacity in 9M 2024

CMPDI Invites Bids for 10 MW Solar Project at Mahanadi Coalfields

RERC Upholds Penalty for Failure to Comply with Renewable Energy Regulations

Hyundai to Source 118 MW Power from Fourth Partner’s Solar and Wind Projects

India Adds an Unprecedented 16 GW Solar Capacity in 9M 2024

Daily News Wrap-Up: UPNEDA Tenders 2 MW Rooftop Solar Projects

Maxeon Solar Modules Detained by US Customs Authority

Sungrow, TBEA, FIMER Dominate Solar Inverter Rankings in First Half of 2024

ReNew’s Revenue, Profit Up in Q2 FY25 as Commissioned Renewable Capacity Grows


					<table id="amazon-polly-audio-table">
						<tr>
						<td id="amazon-polly-audio-tab">
							<div id="amazon-ai-player-label">Listen to this article</div>
							<div id="amazon-ai-player-container">
			<audio class="amazon-ai-player" id="amazon-ai-player" preload="none" controls   controlsList="nodownload" >
				<source type="audio/mpeg" src="https://cms.mercomindia.com/wp-content/uploads/2024/01/amazon_polly_62262.mp3?version=1705323631">
			</audio>
		</div>
							<div id="amazon-polly-subscribe-tab"></div>
							<div id="amazon-polly-by-tab"></div>
						</td>
						</tr>
					</table><p>Shri Saibaba Sansthan Trust (<a href="https://sai.org.in/" target="_blank" rel="noopener">SSST</a>) has invited bids from engineering, procurement, and construction (EPC) contractors for the installation of a 1 MW rooftop solar system in Maharashtra on a lumpsum turnkey basis.</p>
<p>The Trust has assigned SLnko Energy as the project management consultant for this project. SLnko will be responsible for the technical and commercial evaluation of bids, gathering clarification from bidders, and recommending the appointment of a contractor to install the rooftop solar system.</p>
<p>The work must be completed by March 15, 2024. Selected bidders must also oversee the project’s Operation and Maintenance (O&amp;M) for five years.</p>
<p>The last day to submit the bids is January 27, 2024. Bids will be opened on January 29.</p>
<p>Bidders must furnish an earnest money deposit of ₹400,000 (~$4,826).</p>
<p>The Trust will use the power generated for its captive use.</p>
<p>Selected bidders must submit 3% of the project cost (excluding O&amp;M cost) as a performance bank guarantee. They must also submit 5% of the yearly O&amp;M contract value during the O&amp;M period.</p>
<p>To be eligible, bidders should have designed, supplied, erected, and commissioned grid-connected rooftop solar projects of at least 1 MW in India on a turnkey basis during two financial out of the last five years.</p>
<p>The reference solar project of 1 MW or above must have been in operation for at least six months up to the bid due date.</p>
<p>Bidders should be present in the business of solar project O&amp;M. They should have experience in successful operation and maintenance of solar projects of 1 MW or above capacity in India for at least two years up to the bid due date.</p>
<p>They should have a minimum average annual turnover of ₹50 million (~$603,285) during the three financial years. The turnover should be gradually increasing or the same on average, not decreasing.</p>
<p>Bidders should have been profitable in the last three years, and their net worth last year should be positive.</p>
<p>The Trust has mandated the use of mono PERC modules of a minimum of 540W.</p>
<p>The modules used should be warranted for their output peak watt capacity at not less than 92% at the end of 10 years and 83% at the end of 25 years. The derating of the modules should not be more than 0.6% in any year except for the first year of operation.</p>
<p>In November, Shri Tuljabhavani Temple Trust <a href="https://www.mercomindia.com/maharashtra-temple-trust-issues-solar-project/" target="_blank" rel="noopener">issued</a> a tender for technical consulting services to install a solar power project in Maharashtra with a capacity of 250 MW or more.</p>
<p>Subscribe to Mercom’s <a href="https://mercomindia.com/product/india-solar-tender-tracker/" target="_blank" rel="noopener">India Solar Tender Tracker</a> to stay on top of tender activity in real-time.</p>


Shirdi Temple in Maharashtra Issues 1 MW Rooftop Solar Tender


					<table id="amazon-polly-audio-table">
						<tr>
						<td id="amazon-polly-audio-tab">
							<div id="amazon-ai-player-label">Listen to this article</div>
							<div id="amazon-ai-player-container">
			<audio class="amazon-ai-player" id="amazon-ai-player" preload="none" controls   controlsList="nodownload" >
				<source type="audio/mpeg" src="http://mercomindia.com/wp-content/uploads/2023/02/amazon_polly_49039.mp3?version=1675831360">
			</audio>
		</div>
							<div id="amazon-polly-subscribe-tab"></div>
							<div id="amazon-polly-by-tab"></div>
						</td>
						</tr>
					</table><p><a href="https://mercomindia.com/shirdi-sai-electricals-pli-ii-manufacturing-10-gw/" target="_blank" rel="noopener"><strong>In an exclusive interview with Mercom India, Dr. Balachander Krishnan, Chief Operating Officer, Indosol Solar, special purpose vehicle (SPV) of Shirdi Sai Electricals, talks about the company’s progress after</strong></a> its successful PLI bid. In November 2021, Shirdi Sai Electricals, through its SPV – Indosol Solar, was awarded a PLI of ₹18.75 billion (~$229.03 million) for a capacity of 4 GW. The company is in the process of constructing an integrated photovoltaic manufacturing plant from polysilicon-to-module near Nellore, Andhra Pradesh.</p>
<p><a href="https://mercomindia.com/bids-1-kw-rooftop-solar-system-cost-%e2%82%b960000-jharkhand/" target="_blank" rel="noopener"><strong>Jharkhand Renewable Energy Development Agency has announced the lowest (L1) bids to install and commission 3 MW of grid-connected rooftop solar systems of various capacities with and without battery packs on government buildings</strong></a>. For rooftop solar systems without battery, under Group A (1 kW to 10 kW), the L1 tariff discovered was ₹60,000 (~$726)/kW; for Part B (11 kW to 50 kW), the L1 price was ₹62,810 (~$760)/kW and for Part C (51 kW to 100 kW), the L1 bid quoted was ₹63,000 (~$762)/kW. For rooftop solar systems with battery, under Group A-1 (1 kW to 10 kW), the L1 bid quoted was ₹119,000 (~$1,439)/kW; for Group B-1 (11 kW to 50 kW), the L1 bid quoted was ₹126,000 (~$1,524)/kW, and for Group C-1 (51 kW to 100 kW), the L1 bid quoted was ₹126,000 (~$1,524)/kW.</p>
<p><a href="https://mercomindia.com/naviya-technologies-epc-2-mw-canal-top-solar/" target="_blank" rel="noopener"><strong>Naviya Technologies Renewables, a Mumbai-based solar developer, won the Jharkhand Renewable Energy Development Agency’s auction for the engineering, procurement, and construction</strong></a> (EPC) of a 2 MW grid-connected canal-top solar project at Sikidiri Canal in Ranchi. The company quoted a total cost of ₹153.27 million (~$1.85 million) for EPC works, a total of ₹17.53 million (~$211,956) for the operation and maintenance contract, and ₹27.12 million (~$327,892) for the net electrical energy generation guarantee for ten years. The amounts are exclusive of GST.</p>
<p><a href="https://mercomindia.com/gridco-procure-400-mw-wind-seci/" target="_blank" rel="noopener"><strong>The Solar Corporation of India (SECI) has signed a power sale agreement (PSA) with Grid Corporation of Odisha (GRIDCO), a public sector undertaking of the government of Odisha, for 400 MW of wind power</strong></a> from projects connected to the inter-state transmission system (ISTS) in Karnataka and Gujarat. The 400 MW comprises 390 MW of wind power under the ISTS Tranche XII program and 10 MW of wind power from ISTS Tranche XI. GRIDCO will purchase the power at a tariff ranging from ₹2.96 (~$0.0357)/kWh to ₹3.01 (~$0.0363)/kWh.</p>
<p><a href="https://mercomindia.com/maharashtra-invites-bids-1-mw-solar-project/" target="_blank" rel="noopener"><strong>Maharashtra’s Public Works Department of the Yavatmal Division has invited bids for installing and commissioning a 1 MW grid-connected solar project at Giroli in the Washim district of the state.</strong></a> The last date to submit the bids is March 2, 2023. Bids will be opened on March 6. The estimated project cost is ₹54.27 million (~$656,558). The project must be completed within 300 days from the date of the written order to start the work.</p>
<p><a href="https://mercomindia.com/us-act-creates-over-100000-green-jobs-six-months/" target="_blank" rel="noopener"><strong>Six months after the U.S. passed the Inflation Reduction Act in August 2022, clean energy companies have announced more than 101,036  new green jobs in 31 states between August 16</strong></a>, 2022 – January 31, 2023, a report by independent strategic communication firm Climate Power said. The report analyzed public announcements from the private sector since the passing of the Act. It said this national plan has been a driving force in the “Made in America” clean energy boom and will reshape the country’s economy for many decades to come.</p>
<p><a href="https://mercomindia.com/tata-powers-rooftop-solar-revenue-grows-41-q3/" target="_blank" rel="noopener"><strong>Tata Power reported a 91% year-over-year (YoY) jump in net profit to ₹10.52 billion (~$127.6 million) for the third quarter (Q3) of the financial year (FY) 2022-2023, primarily due to higher availability</strong></a> at its thermal power station at Mundra, higher sales across distribution companies and increased renewables capacity addition. The company’s consolidated revenue was up 30% YoY to ₹143.39 billion ($1.7 billion) in Q3 from ₹110.15 billion ($1.3 billion). The diversified power company said that its revenue from rooftop solar installations rose by about 41% YoY to ₹5.35 billion (~$64.8 million) in Q3.</p>
<p><strong><a href="https://mercomindia.com/scatec-42-million-loss-in-q4-as-laos-underperform/" target="_blank" rel="noopener">Norwegian independent power producer Scatec swung into a net loss of NOK 433 million (~$42 million) in the fourth quarter (Q4) of 2022, compared with a profit of NOK 136 million (~$13.14)</a> </strong>year-over-year (YoY). The company said its consolidated quarterly losses were due to reduced income from joint ventures (JVs) impacted by lower power generation from hydropower projects in Laos, Asia. For the October-December quarter, the company posted revenue of NOK 993 million (~$96.2 million), a decrease of 4.5% YoY basis.</p>


Daily News Wrap-Up: Exclusive Interview with Shirdi Sai Electricals COO

shirdi-sai

Get the most relevant India solar and clean energy news.

RECENT POSTS